As we move along a planned expenditures line
A) price level falls.
B) price level fluctuates depending on whether the economy is expanding or contracting.
C) price level rises.
D) price level is held constant.
D
Economics
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The tendency for private saving to increase in response to growing government deficits is known as the
A) crowding out effect. B) money illusion effect. C) Keynes effect. D) Ricardo-Barro effect.
Economics
For a resource to be able to generate temporary competitive advantage over rivals, it must be
a. Valuable b. Rare c. Valuable and rare d. Not valuable but rare
Economics